Abacha’s Loot Recovery: Reps Investigates $16.9m Legal Services

House of Representatives yesterday set up an ad-hoc committee to investigate the circumstances surrounding the engagement of Oladipo Okpeseyi and Temitope Adebayo for $16.9 million for the recovery of the $321 million being part of Abacha loot from Luxembourg.
It also urged president Muhammadu Buhari to suspend the payment of the said whopping sums of money or any part thereof pending the outcome of its investigation spanning for a period of six weeks.
These resolutions followed an adopted motion sponsored by Hon. Mark Terseer Gbillah.
In his lead debate, Gbillah pointed out that a Swiss lawyer, Mr Enrico Monfrini, was engaged by the Nigerian government since 1999 to work on recovering the Abacha loot for which the sum of $321 million was a part and had finished the Luxembourg part of the job since 2014 when Mohammed Bello Adoke was the Attorney-General of the federation.
He further affirmed, “ that Mr Mofrini had since been paid by the federal government for his legal services for the recovery of the money which was then domiciled with the Attorney-General of Switzerland pending the signing of an MoU with Nigeria to avoid the issues of accountability around previous recoveries”.
The lawmaker also declared that all that was left was the signing of the said MoU, saying it was a government -to-government communication for the money to be repatriated to Nigeria.